Tax - Your Tax Matters Partner

Weekend Slot Player Wins A Dandy Yankee Doodle Victory In Tax Court

by admin | Aug 25, 2012 | Tax

I always like it when a taxpayer wins using the Cohan rule. Fortunato Gonzalez, who liked to play the slots on weekends recently took advantage of the rule. He had failed to report the $20,700 of winnings reported to him on Form W-2G by the Cache Creek Casino...

Will Student Loans Delay A Major Housing Recovery?

by admin | Aug 22, 2012 | Tax

Tim Smith consults with companies on how to reach members of the Echo Boom generation, also referred to as Millenials and Gen Y (Americans born between 1982 and 1995. My littlest echo all 6’4″ of him just started college this week). Tim writes the Echo...

Real Reason Romney Returns Not Being Released ?

by admin | Aug 21, 2012 | Tax

Originally published on Forbes.com on August 21st, 2012 My friend James thinks he may have “doped out”, as he puts it, why we aren’t getting another decade’s worth of Romney returns. James (not his real name), whom I have previously...

Should We Care About Romney’s Unreleased Tax Returns ?

by admin | Aug 18, 2012 | Tax

Originally published on Forbes.com on August 18th, 2012 I have gone on the record as hoping that Mitt Romney will not do a data dump of 10 or more years of federal tax returns. The reason is quite selfish. I will feel compelled to either look at the damn...

How Would Warren Buffett Feel About Paying A Billion Per Year ?

by admin | Aug 17, 2012 | Tax

Almost exactly a year ago, I, along with the rest of the tax blogosphere, was writing about Warren Buffett complaining that he wasn’t paying enough taxes. He had paid about seven million. With his current net worth at 44 billion, Mr. Buffett would get change...

Paul Ryan’s Return Should Have Gone On Extension